THE NEW INDIA ASSURANCE COMPANY LIMITED Regd & HO : New India Assurance Building, 87, M.G.Road, Fort, Bombay - 400 001. PROPOSAL FORM FOR PACKAGE INSURANCE FOR CREDIT SOCIETIES 1. Name of the Credit Society 2. Address : 3. Year of Establishment: & Paid up Capital 4. Branch Office/Offices, if any Address 5. State the total number of members: (Whether Permanent or Temporary or Part-Time on contract or otherwise) 6. Fire and Allied Perils: Description of Property A. Building (of Class A) Construction only) B. Contents (Excluding Money/Pledged Gold) 1. Fixtures, Fittings 2. Furniture (1&2) 3. Other Stationery 4. Other Contents (to specify) 7. Burglary & House Breaking - Contents: All Contents in the Premises stated at the above address (excludings Money and Pledged Gold) 1. Fixtures, Fittings 2. Furniture 3. Others Stationery 4. Other Contents (to specify) 8. Money & Pledged Gold A) I) On Premises II) In Transit ( Max. S.I. 1,50,000/-) 9. Type of Transaction made by Credit Society: a) Deposits
b) Savings A/cs c) Loans d) Gold Pledging etc e) Others 10. Brief Details of gold pledging transaction: a) In which Bank Locker is the gold kept b) Whether transit of gold to the Bank is made under supervision of the Credit Society and whether the same is at the risk of the credit society. c) Max. value of Gold in transit at any one time d) Average maximum value of the gold kept in the locker 11. No. of Pigmy Agents: a) Deposits, if any, taken from them: b) Their normal Daily collection deposited with the Credit Society. 12. Name of the Bank with whom the cash is deposits: a) Maximum Amount of cash in Transit at any one time b) Estimated Annual Carrying 13. Number of Depositors: 14. No. of employees with Credit Society and security deposit taken. 15. No. of persons on the Board of Director of the Credit Society. 16. Types of Loans granted by the Credit society. 17. Details of Capital Assets of the Credit Society. a) Building b) Furniture 18. * Personal Accident Insurances:
SR. No. 1 2 3 4 5 6 7 8 9 NAME OF INSURED PERONS AGE DETAIL OF EXISTING INFIR- MITY/DIS- ABILITY OCCUPA -TION S.I NAME OF ASSIGNEE 16. Pedal Cycle a) Make & Name of the Manufacturer: b) Year of Manufacturing: c) Frame No.: d) Accessories: 19. PLATE GLASS: SR.NO. DESCRIPTION DIMENSION TOTAL The value should represent the replacement value of property by new. 20. MEDICLAIM: VALUE
Sr. No. NAME Age Date Of Birth Details of any Genetic diseases with which you are suffering Have you suffered from any disease/ illness/disabl e ment Yes/No Existing from MM/YY DECLARATION I declare that I am not engaged in any high risk occupation. I also declare that I am not suffering from any pre-existing condition which is not fully cured. All the information given in this form is fully correct and true to the best of my knowledge and belief and shall be the basis on which cover is granted. I agree to be bound by the mediclaim policy (terms and conditions) (to be signed by all the above members) Signature 21. Have you ever sustained a loss or losses of money/securities: a) Whilst lying at the premises b) due to dishonest act by employees and/or agents c) misappropriation of Hypothecated goods d) Whilst in postal transit e) arising out of false valuation by Appraiser(if so, please give details in respect of the past five years giving date of occurrence, date of discovery, amount of loss and brief particulars. Date: Proposer Place: Signatue of the
PROHIBITION OF REBATES Section 41 of the Insurance Act 1938 provides as follows: 1. No pesrson shall allow, or offer to allow, either directly or indirectly as an inducement to an inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy accept any rebate except such rebate as may be allowed in accordance with the published prospectus or tables of the insurer. 2. Any person making default in Company with provisions of the section shall be punishable with fine which may extend to five hundred rupees. * ASSIGNMENT CLAUSE FOR PERSONAL ACCIDENT INSURANCE I... do hereby assign the money payable in the event of my death by the New India assurance Co. Ltd. to... (relation to the Insured) and I further declare that his/her receipt shall be sufficient discharge to the company. Dated this...day...20 at... WITNESS: 1. NAME: 2. ADDRESS: SIGNATURE OF THE PROPOSER SCHEDULE PACKAGE INSURANCE FOR CREDIT SOCIETIES SECTION DESCRIPTION OF PROPERTY S.I. RATES% PREMIUM I. A} BUILDING(OF CLASS A CONST.ONLY) 0.06 FIRE & B) CONTENTS(EXCL.MONEY/PLEDGED GOLD) 0.06 ALLIED 1. FIXTURES, FITTINGS PERILS 2. FURNITURE - - 3. OTHERS STATIONERY II. BURGLARY & HOUSE BREAKING III MONEY & 4. OTHER (Specify) CONTENTS: ALL CONTENTS IN THE PREMISES STATED AT THE ABOVE ADDRESS(EXCLUDING MONEY & PLEDGED GOLD) 1. FIXTURES,FITTINGS 2. FURNITURE 3. OTHERS STATIONERY 4. OTHER (Specify) A)I) ON PREMISES II) IN TRANSIT (MAX. S.I. 1,50,000/-) 0.25 0.75
PLEDGED GOLD III) IN SAFE IV) TRANSITS BETWEEN TO B)I) DISHONESTY OF EMPLOYEES MONEY II) DISHONESTY OF EMPLOYEES PLEDGED GOLD III) DISHONESTY OF APPRAISERS subject to limit of 5% of SI under III(B)or 25000/- whichever is less per appraiser IV) DISHONESTY OF PYGMY COLLECTORS subject to limit of 10% of SI under III(B)or 50000/- whichever is less per pygmy collector. VII IV PERSONAL ACCIDENT TO REGD. MEMBERS EXECUTIV ES PERMANEN T STAFF V PEDAL CYCLE VI PLATE GLASS (AGE GROUP BETWEEN 18-70) PAYABLE NO OF PERSONS SUM TOTAL III COVERED INSURED SI 1.EXECUTIVES NIL 2.PERMANENT 2-Manager,2-Cashier/ 3,00,000 STAFF Sub-staff,Clerk X50,000 Each 3.Members(regd.) (Maximum CSI per person 1 lakh) MAKE & YEARS OF FRAME NO. ACCESSORIES NAME OF MFG. MFGR DESCRIPTION OF PLATE GLASS INCLUDING DIMENSIONS S.NO. DESCRIPTION VALUE() TOTAL() & DIMENSIONS OF FRAME WORK VALUE STANDARD MEDICLAIM : 1) Table Selected 2) Name of Persons Age a) b) c) d) 0.05 2.00 2.00 TOTAL PREMIUM ADD 8% SERVICE TAX (IF APPLICABLE) TOTAL